Compliance Manager
Posted Updated
- Performs annual assessments on business units to determine compliance, legal, and/or business risks. Work with unit managers to implement corrective action plans for deficiencies. Monitor and ensure implementation of corrective action.
- Develops expertise in and direct support of relevant business areas and acts independently with broad discretion.
- Defines and documents policies, procedures, and Ensure full compliance processes that support compliance and compliance improvements and helps keep them up-to-date and relevant.
- Responsible for presentations to committees on compliance initiatives.
- Prepares periodically compliance reports in conjunction with Head of Compliance.
- Acts as liaison between Legal/Compliance units and business.
- Leads training on new compliance regulations and initiatives, as needed.
- Collaborates on compliance & quality initiatives/projects within the segment and enterprise levels.
- May also engage with and/or perform oversight of external vendors to ensure compliance with regulatory including related AML/CFT matter and internal Group standards.
- Ensuring the implementation of the AML/CFT and PPPSPM program, including increasing awareness, employee training, transaction monitoring, timely reporting and documentation of all AML/CFT-related documents in accordance with applicable regulation and internal policies and procedures.
- Conducting visits to branch offices to review, increasing awareness and conduct training sessions on applicable regulations, including AML/CFT and PPPSPM.
- Develops expertise in and direct support of relevant business areas including AML/CFT matters and acts independently with broad discretion
- Manage updates and/or revision to AML/CFT/CPF policy and guidelines (including but not limited to addendum, operation manual etc.)
- Perform Quality Assurance (QA) functions for all alert closures in the AML system to ensure the adequacy of alert management.
- Perform AML review onto Business Unit and Branch offices.